Peter Middleton (banker)
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Sir Peter Edward Middleton (born 23 April 1934) is a British UK Chairman of
Marsh & McLennan Companies Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investme ...
, former banker and former Chancellor of the
University of Sheffield , mottoeng = To discover the causes of things , established = – University of SheffieldPredecessor institutions: – Sheffield Medical School – Firth College – Sheffield Technical School – University College of Sheffield , type = Pu ...
. He is currently on the board of the Philharmonia Orchestra.


Life

Middleton was born on 2 April 1934 in
Sheffield Sheffield is a city in South Yorkshire, England, whose name derives from the River Sheaf which runs through it. The city serves as the administrative centre of the City of Sheffield. It is historically part of the West Riding of Yorkshire a ...
.
Burke's Peerage Burke's Peerage Limited is a British genealogical publisher founded in 1826, when the Irish genealogist John Burke began releasing books devoted to the ancestry and heraldry of the peerage, baronetage, knightage and landed gentry of Great ...
accessed 4 August 2009
His father was Thomas Edward Middleton. He was educated at
Sheffield City Grammar School Sheffield is a city in South Yorkshire, England, whose name derives from the River Sheaf which runs through it. The city serves as the administrative centre of the City of Sheffield. It is historically part of the West Riding of Yorkshire and ...
and at the
University of Sheffield , mottoeng = To discover the causes of things , established = – University of SheffieldPredecessor institutions: – Sheffield Medical School – Firth College – Sheffield Technical School – University College of Sheffield , type = Pu ...
where he gained a first class degree in
economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...
in 1955University of Sheffield
Press release 35/99 8 October 1999
with further study at the
University of Bristol , mottoeng = earningpromotes one's innate power (from Horace, ''Ode 4.4'') , established = 1595 – Merchant Venturers School1876 – University College, Bristol1909 – received royal charter , type ...
. He lives in Kensington with his wife Connie.


Career


The Treasury

After
National Service National service is the system of voluntary government service, usually military service. Conscription is mandatory national service. The term ''national service'' comes from the United Kingdom's National Service (Armed Forces) Act 1939. The ...
in the
Royal Army Pay Corps The Royal Army Pay Corps (RAPC) was the corps of the British Army responsible for administering all financial matters. It was amalgamated into the Adjutant General's Corps in 1992. History The first "paymasters" have existed in the army before t ...
, Sir Peter joined
HM Treasury His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ...
, ultimately ascending to become Permanent Secretary from 1983 to 1991.University of Sheffield
Press release 21/99 June 1999


Barclays Bank

Sir Peter joined Barclays in 1991 as Group Deputy Chairman and Executive Chairman of Barclays de Zoete Wedd (BZW). He became Chairman of Barclays Capital following the reorganisation of BZW in October 1997 and was appointed Barclays Group Chairman in April 1999. During this time he was also a board member of
Bass PLC Six Continents was a large British-based hotel and hospitality business which was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. History The company was formed in June 2000 when the brewing business of Ba ...
from 1992–2001 and
General Accident General Accident plc was a large insurance business based in Perth, Scotland. It merged with Commercial Union in 1998 to form CGU plc. History The Norie-Miller years The Employers' liability act of 1880 opened a new area of insurance and one ...
(later CGU) from 1992-1995. He was appointed chairman of the Barclays Group Asia Pacific Advisory Committee in 2004.


CEDR

Sir Peter Middleton was appointed CEDR Chairman in September 2004 following his retirement as Group Chairman of Barclays.CEDR website
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Other

He was appointed UK chairman, Marsh & McLennan Companies in 2007, chairman of Marsh Ltd in 2005, chairman of Mercer Ltd in 2009. He is chairman of
Burford Capital Burford Capital, founded in 2009, provides specialized finance to the legal market. It operates as a finance and professional services company worldwide with principal offices in New York, London and Chicago. The company offers financing to lawye ...
and Hamilton Ventures since 2009. He was deputy chairman of United Utilities from 1994–2007,United Utilities webpage
/ref> he is Chairman of Creative Sheffield (2005 -)(previously Sheffield Urban Regeneration Company 2000-2005( Sheffield One). He is a senior partner of Fenchurch Advisory Partners (since 2005); He was on the board of the
National Institute of Economic and Social Research The National Institute of Economic and Social Research (NIESR), established in 1938, is Britain's oldest independent economic research institute. The institute is a London-based independent UK registered charity that carries out academic researc ...
from 1996-2007. He is a governor of the
Ditchley Foundation The Ditchley Foundation is a foundation that holds conferences, with a primary focus on British-American relations. It is based at Ditchley Park near Chipping Norton, Oxfordshire. It was established as a privately funded charity in 1958 by phil ...
. He was President of the
British Bankers' Association The British Bankers' Association (BBA) was a trade association for the UK banking and financial services sector. From 1 July 2017, it was merged into UK Finance. It represented members from a wide range of banking and financial services. The ass ...
from 2004-06 (BBA).BBA website
and was Chairman of Camelot Group plc from 2004 - 2010. He was a member of the IAP of the International Monetary Authority of Singapore from 2004-2006. He is a Member of the Court of the Worshipful Company of International Bankers (Master in 2006/7) and a member of the Board of Patrons of the European Association for Banking and Financial History e.V.


Honours

Middleton took on the role of Chancellor of the University of Sheffield on 9 October 1999. He has also been a visiting fellow at
Nuffield College, Oxford Nuffield College () is one of the constituent colleges of the University of Oxford in England. It is a graduate college and specialises in the social sciences, particularly economics, politics and sociology. Nuffield is one of Oxford's newer c ...
. He was knighted KCB in 1984 and GCB in 1989.


References

{{DEFAULTSORT:Middleton, Peter 1934 births Living people People educated at The City School, Sheffield Alumni of the University of Sheffield Alumni of the University of Bristol Knights Grand Cross of the Order of the Bath Chairmen of Barclays Royal Army Pay Corps soldiers 20th-century British Army personnel